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Malaysia waterfall
Increasing allocations and giving states more freedom on how they can spend EFT funds could make this mechanism more effective, say conservationists. Malaysia's environmental sustainability minister Nik Nazmi also agrees there is a good basis to make the scheme more permanent, but in-depth discussions must be held with the states, he told Eco-Business.
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A raft of regulations in Malaysia signals ambition for the nation to tip the balance in favour of renewables before 2050. But with fossil fuels comprising much of the energy mix, what can businesses do to shift their reliance to clean energy in the meantime?
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A backlash against the rapid rollout of energy infrastructure defies broad support for renewables. There are better ways of working with affected communities.

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Malaysia waterfall
Increasing allocations and giving states more freedom on how they can spend EFT funds could make this mechanism more effective, say conservationists. Malaysia's environmental sustainability minister Nik Nazmi also agrees there is a good basis to make the scheme more permanent, but in-depth discussions must be held with the states, he told Eco-Business.
Malaysia Johor island
The federal government says the Ecological Fiscal Transfer (EFT) approach has spurred state governments to expand protected areas and run more conservation programmes. Yet as environmentalists are calling for more EFT funding, our latest analysis finds little transparency on most of the money disbursed, despite some state-level data from Johor and Sabah.
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The Unlocking capital for sustainability 2024 insights report captures key messages, discussion points, and recommendations for policymakers and businesses across the region to forge a more inclusive and sustainable Asia.
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From more frequent direct flights to marketing drives, some of the Philippines' most pristine destinations are campaigning for more visitors. Eco-Business reports on why there is renewed optimism for sustainable tourism in the archipelago.

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